Risk panel: Automated MT5 risk management to protect daily profits and losses

This Risk panel review presents a 2025 performance analysis based on publicly shared live and demo account snapshots and developer notes. Risk panel is priced at $30 and published for the MT5 platform by Daniel Barranco Cruz. What makes Risk panel unique is its focus on daily net results rather than entry logic: the EA watches realized and unrealized P&L and suspends or closes trading once user thresholds are met. Because it is strategy-agnostic, Risk panel can be applied to scalping systems, swing strategies, and manual trading setups without modifying trade entries. The algorithm works by aggregating profit and loss across the trading day and comparing this to configured limits expressed as a percentage of balance or a fixed currency amount. When the daily target or stop is reached, Risk panel initiates actions based on settings: close positions, disable new orders, or notify the trader. The EA handles all symbols and timeframes and uses MT5 account and trade functions for accurate monitoring. Market conditions it handles best are those where discipline and daily caps reduce emotional decision-making: volatile sessions where sudden drawdowns occur and trending days where gains should be preserved. The risk management approach is conservative by design, prioritizing capital preservation and defined outcomes. Expected performance characteristics include reduced maximum intraday drawdowns, more predictable daily returns, and occasional capped upside when strict limits are used. Daniel Barranco Cruz provides clear inputs and basic logging within MT5, enabling traders to test settings quickly on demo accounts before going live.